Bob Diamond at Treasury Select Committee live on BBC News, Sky News from 2pm
Bob Diamond will face Members of Parliament today when he faces the Treasury Select Committee.
Diamond, who was the chief executive officer of Barclay until yesterday, was called to give evidence after it came to light the bank tried to manipulate inter-bank lending rates.
The bank was handed a £290m fine by British and American regulators last week, for submitting false reports on borrowing rates during 2005 and 2009.
“The external pressure placed on Barclays has reached a level that risks damaging the franchise — I cannot let that happen,” Bob Diamond said following his resignation.
“I am deeply disappointed that the impression created by the events announced last week about what Barclays and its people stand for could not be further from the truth.”
Bob’s appearance at the Treasury Select Committee will be shown live on the BBC News Channel and Sky News from 2pm this afternoon.
Live streaming will also be available on the BBC News website as well as the Sky News website.
The BBC today announced a new round of budget cuts to its news division. BBC Newsnight will be cut by ten minutes and will share resources and reporters with BBC News. It will no longer have any dedicated Newsnight reporters....
ITV Tyne Tees and Border weather presenter Ross Hutchinson is recovering in hospital after donating a kidney to his dad. Ross underwent the operation in Newcastle on Thursday 17 November. His dad, Robin Hutchinson, who was suffering from kidney failure...
GB News presenter Esther McVey has announced her resignation from the channel with immediate effect. The MP for Tatton was yesterday given a Cabinet role in yesterday’s reshuffle. As a result, Esther is unable to carry out presenting duties because...
